2024 NFT sales suffer major setback

Between January 20 and 27, 2024, a significant drop in the sales volume from non-fungible tokens (NFTs) was observed, with a fall of 21.25% compared to the previous week.

This was a pronounced downturn in the NFT market.

The top blockchains in seven-day sales, Ethereum and Bitcoin, witnessed hefty reductions of 28.78% and 12.62%, respectively.